Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1887-12-14
BOARD OF TRADE.
Annual Election of Oficers-Addrass OF
President Steffens.

|
The annual report of Albert W. Johnson,
Secretary and Attorney, showing the condi-
| ton of failures, compromises with debtors,
ETC., was read and placed or file.
W. P. Coleman, Treasurer, also rendered
his annual report.
The Board proceeded 10 the election of
officers, with the following result: Presi-
dent, Joseph Stetfens IRE electedE Vice
President, P L. Plat Directors (for three
years). VIM. Ingram, Jr., and d. A. Lind
! ley.
The Board then adjourned.
Immediately after the adjournment of
| the annual meeting. the new Board met
and elected the following officers for the
ensuing year, VIZ: Auditor, d. A. Lindley;
| Treasurer, Ed. Hamilton Secretary and
Attorney, Albert NJ. Johnson: Arbitration
Committee, VIM. Geary, George NJ. Mott,
| E. J. Holt, L. Williams, Perrin Stanton,
Horatio Hurd and John Mcneil.
Joseph Steffens, President OF the Board
of Trade, delivered the annual address, as
! fellows:
Members Of he Sacramento Board Of TfGdc-GRS-
| TLEAEN As in former years, so doubtless it will
! be at this annual meeting, the report Of your
| efficient Secretary, Albert VI. Johnson Will fully
advise you OF all compromises and adjustments
made through your Office during the year,
while that of A. S. Hopkins, ESQ, your Auditor,
will show the financial transactions of this
Board during the year, as well as its present
| condition. Outside of the work as outlined in
! these careful and thorough reports, the Board
/ has had, in general public affairs, COMPARE
lively quiet year, hence my review OF SUCH out
| side matters will be necessarily quite brief.
At the commencement OF the year your mem
! bership numbered sixty-three at the close of
| the year it is sixty-two During the year there
! has been one death from among the member
| ship and two failures. These occurrences are
| SO rare that several former years are entirely
| without either of them.
| AT the time of our last annual meeting the
Citrus Fair was IN progress. The results OF that
exhibit, and that of its partial transfer made at
Chicago Immediately after, were most satisiac-
tory, confirmed the wisdom of the undertaking
and amply repaid for the encouragement that
| the members of the Board gave it. An informal
reception at tina. time was given delegation
from the sau Francisco Board of Trade and
Chamber of Commerce, who visited the Citrus
Fair and our city, much to the pleasure and
the
INTERSTATE COMMERCE. BILL
In its then imperfect condition, and memorial
lied Congress against some of its provisions.
Congress in suspending some of its main pro-
visions regarding the carrying business to and
| from this coast confirms the wisdom of the
action which was then taken by you.
The Hon. W. 5. Green, of Colusa, last January
submitted to a meeting of this Board a scheme
for the reclamation of the swamp lands of
OOlusa county ana adjacent country, and While
the work seemed desirable and the plan feasible
| yet the great magnitude of the work seemed to
prevent the Board from taking action that
would necessarily be trivial compared with the
work to be accomplished.
Your directory united its efforts with that of
the
CALIFORNIA FRUIT UNION
In requesting the transportation companies to
| reduce overland freight rates on fruit. Such
Efforts were successful, concessions being
secured from the carriers.
The Dray- Carroll bill, enlarging the powers
of the Funded Debt Commission, was strongly
supported by this Board, 1t being believed that
the Commission should have increased powers
II 1t was to exist and accomplish any more
work.
The Walrath mining debris dam bill was
legitimately opposed before the last Legislature
by the action of this Board, believing that the
passage OF the bill would let loose insecurity,
unsettle valuations for this section, and renew
contest that was legally settled.
This Board recommended a contesting in the
courts OF the lmpositionS of the provisions of
the drummer license law of the State of Ne
vada This law was subsequently declared IN
constitutional
Last April this Board petitioned the South
ern Pacific Directory for a fast train to be run
each way to and from San Francisco to this city
Owing to
INCREASED OVERLAND TRAVEL
More trains pass daily over the road to and
from this city to San Francisco than formerly
and, IN some, more rapid transit is made but
doubtless the Southern Pacific Railroad man
dbSAltnL " III bOU1 give us u morning tram TO
San Francisco that will leave at a seasonable
hour, and run at the speed of those trains dis
patched from those cities of the United States
OF like commercial and political importance
ana relatively situated to large seaport as We
are.
The attempt to secure the location here of the
proposed home for the widows and orphans OF
soldiers was materially assisted by this Board,
but the effort was not successful.
The important matter Of advancing the Gov
eminent building proposition by all possible
means heQn TQppivincr n nt OF ion.
The Secretary Oft United States Treasury has
been urged to secure the forty feet adjoining the
purchased building site on the east, in order
that the proposed building may have ample ap-
proaches and good light from all sides-also
that the plans might not be drawn eontractedIy
and the building unsuited to
THE DEMANDS OF A GROWING CITY
The Hon. George r. Hearst, our United States
Senator, having communicated with this Board
and placed his services at its command on all
important matters bearing on the interest of
this city and locality, he was asked to give this
matter his personal attention on his arrival at
Washington. and was also informed that com
municatiOn would soon follow regarding other
questions of Importance.
The organization of the Sacramento CITY
and County Improvement Association" was
heartily Endorsed by your Directory, because of
Its more general representation of all interests
OF this community, believing that the division
and the classification of work proposed would
enlist more general support, better attention
and would relieve this Board of much local
HOIh WHICH MI COMMUNITIES expect some
ganization to foster and see done. For the time
the organization has existed the good work ac-
complished has
BEEN MOST SATISFACTORY
Indeed, and it is to be hoped that your member
ship will give it all the personal sIIDuort nos
sible.
The regretted departure of Albert Gallatin.
Esq, and his making another city his perma-
nent residence, was duly embodied in a set of
resolutions which were sent to him, and placed
in full on your records The banquet rendered
to him was evidence that first-class business
man can secure place OF proper appreciation
IN ms own community, second to no other de-
partment of life
About the last important effort made by this
Board during the year was recently done in ma
terially assisting in the publication in the Chi
cago Inter-OcedA of several columns of import
ant facts bearing the interest of this locality
and the northern portion of this State. This
effort has brought out much correspondence
and inquiry from the East which will result in
bringing in our midst a desirable accession of
people and means
The following table OF visitors to that pride of
our city, the Z. b. Croker Art Gallery. show
that the " blizzard" OF the
MISSISSIPPI VALLEY
And the variations of old mercury at the East
are sending us many people who are hunting
better land and milder climate. During the
year there were registered at the Art Gallery 112
visitors from Colorado, $50 from Illinois, ol6
from Iowa, 123 from Kansas. 165 from Missouri
lac from Nebraska, Jos from Minnesota 1O7 from
Michigan, 81 from Wisconsin, las from Ohio 966
from New York, 30 from Massachusetts, l22
from Pennsylvania and 7l2 from all other States
and Territories of the United States There are
| registered from Canada 61 England s. Japan
lob, and all other foreign countries, 81 This
| table does not include visitors from this coast
| and many large excursion parties that did not
| stop to register. The Secretary of the Califor-
MIA Museum Association, E J. Devin, estimates
that about 10000 people have visited the Art
Gallery the past year, being an excess of about
1000 over last year
THE SACRAMENTO SCHOOL OF DESIGN,
| Under the charge of the California Museum As
| ISOLATION is now self-sustaining. Its appoint
ments and opportunities should command that
support which would tax it to its full and ample
capacity. The day class has twenty-five pupils
and the Saturday class eighteen pupils It is
/ only question of little more time, when this
art school will be appreciated and well sus-
| tanned by patronage from our neighboring
| towns as well as from this city.
The river improvement question is still the
| leading question for this locality and the
| northern half of the State. On it hinges the
| hydraulic mining question. the proper develop
ment of the interior, and the permanent build
| ing mp of the interior terminal trade centers
| Once fully enlist the General Government in the
proper repair and improvement of the
| SACRAMENTO AND SAN JOAQUIN
Rivers and their tributaries, as they are so
| thoroughly doing with the rivers of the Missis-
| sippi basin, and our day of permanent pros
perity has come. ! refer you to my reviews of
| L. So